Sagar Maize Products Limited
About Sagar Maize Products Limited
Data last updated:
Sagar Maize Products Limited is a public limited company based in Ujjain, Madhya Pradesh, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 25 October 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U15137MP1985PLC003111. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹24 Lakh and a paid-up capital of ₹19.81 Lakh. It was formerly known as Sagar Maize Products Private Limited. It is led by directors including Krishna Rathi (Whole-Time Director) and Brajesh Rathi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 28 Daulatganj, Ujjain, Madhya Pradesh, India – 456001.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.54 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹40,060 (net margin -6.1%) and EBITDA of -₹26,700 (EBITDA margin -4.1%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹3.38 Cr and satisfied charges of ₹55 Lakh on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Sagar Maize Products has one previous CIN (Corporate Identification Number): L15137MP1985PLC003111. The current CIN is U15137MP1985PLC003111, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15137MP1985PLC003111 | Current |
| L15137MP1985PLC003111 | Previous |
Contact details
Sagar Maize Products Limited's registered office is in Ujjain, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address28 Daulatganj, Ujjain, Madhya Pradesh, India – 456001
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Sagar Maize Products Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Sagar Maize Products Limited
FY 2025 filings availableSagar Maize Products Limited reported revenue of ₹6.54 Lakh (down 94% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 94% fall in the latest year. EBITDA fell 119% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹26,700 | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹40,060 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.1% | ||||
| Net Profit Margin | -6.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Sagar Maize Products Limited, buy the company report.
Board of directors of Sagar Maize Products Limited
Sagar Maize Products has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Rathi | Director | 01 Apr 1998 | 28 Years 7 Months | Current |
| Krishna Rathi | Whole-Time Director | 03 Feb 2021 | 5 Years 9 Months | Current |
| Brajesh Rathi | Whole-Time Director | 29 Dec 2020 | 5 Years 10 Months | Current |
Peer comparison
Sagar Maize Products Limited is compared with the 10 companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jay Bhole Agro Farmers Producer Company Limited | ₹6.57 Lakh (FY 2024) | 2.0% | Aurangabad, Maharashtra, India | |||
| GM Reddy Farms Private Limited | ₹6.57 Lakh (FY 2021) | -36.0% | Hyderabad, Telangana, India | |||
| Insaf Farmers Producer Company Limited | ₹6.56 Lakh (FY 2025) | -27.0% | Phansidewa, West Bengal, India | |||
| Mahidev Enterprises Private Limited | ₹6.55 Lakh (FY 2024) | Gurugram, Haryana, India | ||||
| Nanchai Farmer Producer Company Limited | ₹6.55 Lakh (FY 2024) | 125.0% | Vadipatti, Tamil Nadu, India | |||
| Sagar Maize Products Limitedthis company | ₹6.54 Lakh (FY 2024) | -₹40,060 | -6.1% | -94.0% | Ujjain, Madhya Pradesh, India | |
| Chakbothali Rashtrasant Vijay Farmers Producer Company Limited | ₹6.54 Lakh (FY 2024) | 22.0% | Chandrapur, Maharashtra, India | |||
| Khizersarai Agriculture Farmers Producer Company Limited | ₹6.54 Lakh (FY 2025) | 231.0% | Gaya, Bihar, India | |||
| Nass Online Practise Private Limited | ₹6.53 Lakh (FY 2025) | 26.0% | Thiruvinanthapuram, Kerala, India | |||
| Maikal Natural Foundation | ₹6.53 Lakh (FY 2025) | 210.0% | Bhopal, Madhya Pradesh, India | |||
| Uthira Kanchi Farmers Producer Company Limited | ₹6.53 Lakh (FY 2023) | -52.0% | Vippedu, Tamil Nadu, India |
To see the full peer comparison of Sagar Maize Products Limited, buy the company report.
Auditor
Sagar Maize Products Limited is audited by ASHISH VYAS & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHISH VYAS & CO | FY 2020 | 009032C |
Shareholding
The shareholding of Sagar Maize Products Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sagar Maize Products Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2007 | 10047069 | Syndicate Bank | ₹3.38 Cr | Open | |
| 24 Dec 2004 | 90206249 | Bank of India | ₹15 Lakh | Satisfied | |
| 13 Dec 2003 | 90209422 | Bank of India | ₹15 Lakh | Satisfied | |
| 27 Sep 2002 | 90203968 | Bank of India | ₹25 Lakh | Satisfied |
To see the full charge records of Sagar Maize Products Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Sagar Maize Products Limited has 3 court cases on record: 2 filed by Sagar Maize Products, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 3 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0502-Land Acquisition & Requisition Matters : Matters challenging compensations) | Filed by the company against Union of India General Manager General Manager Western Railway Church Gate , District: Mumbai ,Mumbai , Maharashtra and 45 others | Disposed |
| Supreme Court | Court case (0502-Land Acquisition & Requisition Matters : Matters challenging compensations) | Filed against the company by Union of India Through General Manager Through General Manager Western Railway, Church Gate, Mumbai , District: Mumbai ,Mumbai , Maharashtra | Disposed |
| Supreme Court | Court case (0303-Direct Taxes Matter : Other matters under Income Tax act, 1961) | Filed by the company against Income Tax Officer 1(3), Indore | Disposed |
To see the full case history of Sagar Maize Products Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sagar Maize Products Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sagar Maize Products has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sagar Maize Products Limited, buy the company report.
Recent activity
Sagar Maize Products Limited has 6 board changes on record since 1998: 3 appointments and 3 cessations. The latest: Krishna Rathi was appointed as Whole-Time Director on 03 Feb 2021.
5 earlier events are in the company report.
Frequently asked questions
Sagar Maize Products is an active public limited company based in Ujjain, Madhya Pradesh, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 25 October 1985 (41+ years old) and is registered under CIN U15137MP1985PLC003111.
Sagar Maize Products has 3 current directors:
- Krishna Rathi - Whole-Time Director
- Brajesh Rathi - Whole-Time Director
- Sanjay Rathi - Director
The latest financial statements of Sagar Maize Products on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Sagar Maize Products has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sagar Maize Products is U15137MP1985PLC003111. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sagar Maize Products has 3 court cases on record: 2 filed by the company and 1 filed against it.
Sagar Maize Products was incorporated on 25 October 1985, making it 41+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Sagar Maize Products by revenue are Jay Bhole Agro Farmers Producer Company Limited, GM Reddy Farms Private Limited, Insaf Farmers Producer Company Limited, Mahidev Enterprises Private Limited, Nanchai Farmer Producer Company Limited and 5 more, all in the Agriculture industry (Agro Retail and Distribution).
Krishna Rathi was appointed as Whole-Time Director on 03 Feb 2021. Krishna Gopal Rathi ceased to be Managing Director on 02 Feb 2021. Brajesh Rathi was appointed as Whole-Time Director on 29 Dec 2020. Sagar Maize Products has 6 board changes on record in total.
The registered office of Sagar Maize Products is at 28 Daulatganj, Ujjain, Madhya Pradesh, India – 456001.
Sagar Maize Products operates in the agriculture industry, in the agro retail and distribution segment.
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